Common use of RIGHTS OF HOLDERS OF PREFERRED SECURITIES Clause in Contracts

RIGHTS OF HOLDERS OF PREFERRED SECURITIES. 24 Section 7.1 Preferred Security Holders' Rights..............................................24 Section 7.2 Direct Action...................................................................24 Section 7.3 Payments Pursuant to Direct Actions.............................................24 ARTICLE VIII REMARKETING........................................................................24 Section 8.1 Effectiveness of this Article...................................................24 Section 8.2 Remarketing.....................................................................24 ARTICLE IX MISCELLANEOUS........................................................................30 Section 9.1 Ratification of Indenture.......................................................30 Section 9.2 Trustee Not Responsible for Recitals............................................30 Section 9.3 Governing Law...................................................................30 Section 9.4 Severability....................................................................30 Section 9.5 Counterparts....................................................................31 Exhibits Exhibit A Form of Debenture..............................................................A-1 FIRST SUPPLEMENTAL INDENTURE, dated as of (.), (.) (this "First Supplemental Indenture"), between NEW YORK COMMUNITY BANCORP, INC., a Delaware corporation (the "Company"), having its principal place of business at 000 Xxxxxxx Xxxxxx, Westbury, New York 11590 and WILMINGTON TRUST COMPANY, a Delaware banking corporation, as trustee (the "Trustee"), having its corporate trust office at 1100 North Market Street, Xxxxxx Square North, Wilmington, Delaware 19890, under the Indenture, dated as of (.), (.), between the Company and the Trustee (the "Base Indenture," together with the First Supplemental Indenture, the "Indenture").

RIGHTS OF HOLDERS OF PREFERRED SECURITIES. 24 Section 7.1 Preferred Security Holders' Rights..............................................Rights ............................... 24 Section 7.2 Direct Action...................................................................Action .................................................... 24 Section 7.3 Payments Pursuant to Direct Actions.............................................Actions .............................. 24 ARTICLE VIII REMARKETING........................................................................REMARKETING ............................................................ 24 Section 8.1 Effectiveness of this Article...................................................Article .................................... 24 Section 8.2 Remarketing.....................................................................24 Remarketing ...................................................... 25 ARTICLE IX MISCELLANEOUS........................................................................MISCELLANEOUS .......................................................... 30 Section 9.1 Ratification of Indenture.......................................................Indenture ........................................ 30 Section 9.2 Trustee Not Responsible for Recitals............................................Recitals ............................. 30 Section 9.3 Governing Law...................................................................Law .................................................... 30 Section 9.4 Severability....................................................................Severability ..................................................... 30 Section 9.5 Counterparts....................................................................Counterparts ..................................................... 31 Exhibits Exhibit A Form of Debenture..............................................................A-1 FIRST SUPPLEMENTAL INDENTURE, dated as of (.)November 4, (.) 2002 (this "First Supplemental Indenture"), between NEW YORK COMMUNITY BANCORP, INC., a Delaware corporation (the "Company"), having its principal place of business at 000 Xxxxxxx Xxxxxx, Westbury, New York 11590 and WILMINGTON TRUST COMPANY, a Delaware banking corporation, as trustee (the "Trustee"), having its corporate trust office at 1100 North Market Street, Xxxxxx Square North, Wilmington, Delaware 19890, under the Indenture, dated as of (.)November 4, (.)2002, between the Company and the Trustee (the "Base Indenture," together with the First Supplemental Indenture, the "Indenture").

RIGHTS OF HOLDERS OF PREFERRED SECURITIES. 24 Section 7.1 Preferred Security Holders' Rights.................................................................................... 24 Section 7.2 Direct Action.............................................................................................................................. 24 Section 7.3 Payments Pursuant to Direct Actions.................................................................................. 24 ARTICLE VIII REMARKETING........................................................................................................................................... 24 Section 8.1 Effectiveness of this Article.............................................................................................. 24 Section 8.2 Remarketing.....................................................................24 ............................................................. 25 ARTICLE IX MISCELLANEOUS......................................................................................................................................... 30 Section 9.1 Ratification of Indenture...................................................................................................... 30 Section 9.2 Trustee Not Responsible for Recitals................................................................................ 30 Section 9.3 Governing Law.............................................................................................................................. 30 Section 9.4 Severability................................................................................................................................ 30 Section 9.5 Counterparts................................................................................................................................ 31 Exhibits Exhibit A Form of Debenture..............................................................A-1 FIRST SUPPLEMENTAL INDENTURE, dated as of (.)__________, (.) 2002 (this "First Supplemental Indenture"), between NEW YORK COMMUNITY BANCORP, INC., a Delaware corporation (the "Company"), having its principal place of business at 000 Xxxxxxx Xxxxxx, Westbury, New York 11590 and WILMINGTON TRUST COMPANY, a Delaware banking corporation, as trustee (the "Trustee"), having its corporate trust office at 1100 North Market Street, Xxxxxx Square North, Wilmington, Delaware 19890, under the Indenture, dated as of (.)__________, (.)2002, between the Company and the Trustee (the "Base Indenture," together with the First Supplemental Indenture, the "Indenture").